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Servotech Renewable Power System secures order worth Rs 15.8 crore

24 Apr 2025 Evaluate

Servotech Renewable Power System has secured an order for a 4.1 MW on-grid rooftop solar project from the Waltair Division, East Coast Railway, situated in Visakhapatnam, Andhra Pradesh. The project is valued at Rs 15.8 crore.

Under the scope of this contract, the company will undertake the design, manufacturing, supply, installation, testing, and commissioning of rooftop on-grid Solar Photovoltaic (PV) plants of varying capacities across multiple sites within the Waltair division. This initiative is part of the Indian Railways’ broader mission to integrate renewable energy into its infrastructure and reduce its carbon footprint, reinforcing its position as a leader in sustainable transportation.

Servotech Renewable Power System (formerly known as Servotech Power Systems) is engaged in manufacturing and selling inverters, uninterruptible power source products, and servo stabilizers under the SERVOTECH brand name in India, south-east Asia, Africa, Europe, and the Middle East.


Peers
Company Name CMP
Waaree Energies 2272.00
Apar Industries 15172.30
Havells India 1005.15
Suzlon Energy 36.95
Siemens 3339.15
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